Money Matters

Student Financial Services Orientation 2011

Where to find us…..

The DeVoe Moore University Center Suite A1500 Online: www.sfs.fsu.edu

Phone: (850)644-9452 Fax: (850) 644-5142

What we do…..

• We accept payments for tuition and other University charges.

• We disburse financial aid and University refunds.

• We process Florida Pre-Paid tuition plans and other third party billings.

• We assist students with debt management.

• • • Campus.fsu.edu

Complete your Account Refund Setup (ARS) • Authorizes Student Financial Services to release your financial aid awards to pay all University tuition and fees.

• Refund Options – – SunTrust account Paper check mailed to local address Student Financial Responsibility • • • 1098-T tax form Notification of Social Security collection Acknowledgement of financial responsibility to the University Parental Access • Federal guidelines (FERPA)

Where is my bill?

Account Statement

• Payment Options In Office Payments: Monday-Friday 8:30am-4:30pm • • • FSU Card Cash Check or Money Order • Online Payments : • • FSU Card Debit Card • • All Major Credit Cards Electronic Check $7 convenience fee for all online transactions

Florida Prepaid • Billings are automatically entered • We do not need to see your Prepaid card • Two Types of Florida Prepaid: • • Standard Plan Standard Plan plus the Local Fees Plan • Contact Information: • • 1-(800)552-4723 www.florida529plans.com

*Florida Prepaid dorm is handled by the Housing Office*

What about Financial Aid?

Financial Aid • Student Financial Services disburses financial aid on the 5 th day of classes: • Financial Aid consists of: • • • • Grants Loans Scholarships Bright Futures • Tuition and Fees are automatically deducted.

• Once all tuition and fees are paid any excess money is refunded according to the Account Refund Setup.

When is Tuition Due?

Tuition Payment Deadlines • Summer Session C: • Friday , July 8, 2011 • Fall Term: • Friday, September 9, 2011

What if I Pay Late?

• A late fee of $100 may be assessed to unpaid tuition.

• Unpaid tuition may lead to cancelled schedules and additional fees.

Quick Summary • Parental Access • We cannot discuss any account information with the parent unless this in on file.

• Paper bills will not be sent • Account information is available anytime through Blackboard • Accounts Receivable Charges • Any amount owed to the University will place a hold on the student’s account.

Frequently Asked Questions

Bright Futures and Florida PrePaid • How does Florida Prepaid and Bright Futures work together?

• We will enter a billing for Florida Prepaid after the student registers for classes.

• We will disburse financial aid on the 5 th day of classes and any remainder will be distributed from the set-up of the ARS.

Non-Tuition Charges • How do I pay for Housing, Dining and Bookstore Charges?

• Housing, Dining and Bookstore charges are all billed separately.

• You may choose to have your financial aid pay for these charges IF arrangements have been made AND you have enough aid to cover all charges due.

529 Plans • How can I use my 529 plan to pay for tuition?

• You will need to submit a copy of your account statement to your 529 plan provider. • The 529 plan provider will remit payment to us and it will be applied to the student’s account statement.

• Please have the 529 plan provider include the student’s name and FSUSN with the payment.

Questions?